by - February 16, 2022 2:59 pm
An estimated 69 million U.S. households made grocery purchases online in January, ringing up sales of $8.5 billion, according to a Brick Meets Click/Mercatus shopping survey. Overall sales were down…
by - February 14, 2022 6:38 pm
Walmart was seen as a “winner” in retail amid the pandemic of the past year and when the company reports fourth-quarter earnings on Thursday (Feb. 17). Net income is expected…
by - February 12, 2022 9:19 am
With more retail sales gravitating online in the past two years, many retailers remain woefully behind the curve, according to a new report from Coleman Parkes Research on behalf of…
by - February 10, 2022 1:43 pm
Tyson Foods shareholders had plenty to celebrate at this year’s shareholder meeting that was held virtually Thursday (Feb. 10) morning with the Springdale-based meat giant posting an impressive first quarter…
by - February 7, 2022 4:50 pm
Consumers are expected to dole out $23.9 billion on Valentine’s Day spending, up 9.63% from last year, according to the National Retail Federation (NRF). It is expected to be the…
by - February 7, 2022 11:35 am
Tyson Foods surprised market watchers Monday (Feb. 7) with net income of $1.21 billion, up 140% from a year ago. The company blew past the consensus earnings per share estimate…
by - February 5, 2022 8:40 am
Retailers have struggled to keep store shelves stocked during the pandemic. In November, Fayetteville-based Field Agent looked at 203 U.S. big-box retail stores to gain insights into the depth of…
by - February 3, 2022 4:41 pm
Equity analysts expect Tyson Foods to post 2% earnings growth in the first quarter of fiscal 2022, which ended Dec. 31. The Springdale-based meat company will report earnings ahead of…
by - January 31, 2022 2:11 pm
Two years into COVID-19 and just as retailers thought the viral end was near, the Omicron variant emerged. Although retailers posted record holiday sales gains of 11.5%, the industry face…
by - January 31, 2022 1:43 pm
Walmart and Quest Diagnostics are partnering on a consumer-oriented testing website that can provide shoppers with more than 50 diagnostic tests from COVID-19, allergy, women’s health and heart disease to…
by - January 28, 2022 5:52 pm
Businesses are eager to move beyond the COVID-19 pandemic but it will be a road riddled with several hurdles before any semblance of normalcy returns. That was the consensus offered…
by - January 28, 2022 2:05 pm
Sales tax revenue in the January report for the four largest cities in Northwest Arkansas totaled $7.854 million, up 11.69% from the year-ago period and up 35% from the pre-pandemic…
by - January 25, 2022 12:13 pm
Amazon’s plans to operate a delivery station warehouse in Lowell will likely mean faster delivery times for consumers ordering online. The online retail titan is locating the operation in an…
by - January 22, 2022 8:31 am
Research firm IRI expects food prices to rise an overall 5% in the first half of 2022, though the increases will depend on the grocer and location. In the December…
by - January 20, 2022 2:34 pm
Tom Ward was promoted to executive vice president and chief e-commerce officer for Walmart U.S. ahead of the upcoming departure of Casey Carl after just eight months at that job….
by - January 18, 2022 5:01 pm
As predicted by economists, consumers spent big during the 2021 holiday season with retail sales up 14.1% year over year. The growth beat the 10.5% estimate made in October by the…
by - January 18, 2022 11:34 am
Amazon, H-E-B, Trader Joe’s, Aldi, Publix and Wegmans, each ranked ahead of Sam’s Club and Walmart in the fifth annual Retailer Preference Index from consulting firm Dunnhumby. The RPI report…
by - January 14, 2022 4:30 pm
Scott McCall, chief merchandising officer at Walmart U.S., is retiring after nearly 30 years with the retail giant. McCall will work in a consultant role with chief operating officer Chris…
by - January 11, 2022 2:34 pm
Numerous retailers saw top C-suite turnover in 2021 as the COVID-19 pandemic raged and supply chain disruptions worsened. Former Sam’s Club CEO and chief operating officer at Starbucks, Roz Brewer,…
by - January 10, 2022 4:54 pm
Amazon’s plans to operate a delivery station warehouse in Lowell will likely mean faster delivery times for consumers ordering online. The online retail titan is locating the operation at 315…
